Egypt wait for a billion the dollar contract with Chinese “to create a car tire factoryArabausa


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The Egyptian Cabinet said in a picture statement, which country has signed a “Silon” group to establish a tire factory in the car with economic investments.

The statement added that the factory establishment will take three years, and eventually produces 10 million races.

The statement has stated that “Total production capacity to the first stage to be created three million cars, and 600 thousand tires for truck.”

The first phase of the project is expected to be completed in 2026.

The statement reported the project is going to cover the local market needs and also export abroad.

The economic area of the Nasa’s channel in Egypt included as long as long or near the strategic road.

The government has given the region of the region of region and region tax to enjoy international transport motion. The head of the general authority of the economic zone, said the past year, the country is extensive to infrastructure as part of their efforts to be invested.

China seems to introditive in Egypt, including occurred commensitions that include portles green, hybor, the industry and space.

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